BKIC

AcronymDefinition
BKICBahrain Kuwait Insurance Company
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BKIC also holds a prominent position within Kuwait as a top five insurer.
Abdul Karim Bucheery, BBK s Chief Executive, said: the introduction of the enhanced and new SECURA products through our partnership with long time partner BKIC is part of BBK s continuing efforts to provide our customers with a comprehensive range of products and services which satisfy all of their financial needs and that are enhanced regularly to cater to the ever changing needs of the market.
Despite exceptional circumstances in Bahrain earlier this year, said BKIC,
Best's opinion, BKIC enjoys an excellent domestic franchise in Bahrain, where it ranks as the leading insurer by gross written premiums, and a prominent position in the Kuwaiti market.
BKIC enjoys an excellent domestic franchise in Bahrain, where it ranks as the leading insurer by gross written premium, and also holds a prominent position within Kuwait as a top five insurer.
He said BKIC is still the market leader in terms of gross premiums.
These services come as a result of the dedicated efforts of BKIC and Gulf Assist teams to improve our customers' experience," he stated.
Whilst BKIC holds a leading position in Bahrain and is a prominent insurer in Kuwait, its profile has remained stagnant in recent years as the company aims to increase its presence in these relatively small markets.
The firm has increased its shareholding in BKIC and currently owns a 56 per cent majority stake.
1 million for the same period last year, BKIC chairman Murad Ali Murad said.
The memorandum has been signed by BKIC chief executive Ebrahim Al Rayes and Gulf Assist general manager Enrique Ballesteros in the presence of BKIC general manager Waleed Mahmood and other executives from the two firms.
Invita clients list include local companies like CrediMax, BKIC and Kalaam Telecom, and regional companies in Dubai like Crystal Telecom.